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I have a K-1. NC requires "Partner's Share of North Carolina Income, Adjustments, and Credits". Is this intended to be a percentage or dollar value?

The partnership does its business outside on NC, but NC is requesting additional information since I live in NC. It is not clear on the form as to whether I am supposed to enter a percentage or dollar value for the field "Partner's Share of North Carolina Income, Adjustments, and Credits"
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3 Replies

I have a K-1. NC requires "Partner's Share of North Carolina Income, Adjustments, and Credits". Is this intended to be a percentage or dollar value?

Hey Phil - Go Tar Heels !

 

I have he same situation.

I received a  K-1 + the company does not do business in NC.

 

What did you wind up doing ?

Deleting the Form ?

Leaving the boxes blank ?

 

Thanks for your reply,

 

Tom

 

 

JulieS
Expert Alumni

I have a K-1. NC requires "Partner's Share of North Carolina Income, Adjustments, and Credits". Is this intended to be a percentage or dollar value?

That would be a dollar value, not a percentage. 

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I have a K-1. NC requires "Partner's Share of North Carolina Income, Adjustments, and Credits". Is this intended to be a percentage or dollar value?

Bump for additional clarity 

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